Some profits from the sale of the costume will go to Gulf relief efforts.

The getup includes an oil-stained jumpsuit with a BP-esque logo on it, a wrench and a dead fish. The BP is supposed to stand for “Bad Planning,” but it’s clear that it’s a slam on oil giant BP.

Meredith Abraham, owner of Anytime Costumes, an Internet retailer that plans to sell the costume, was initially hesitant when a Fun World sales representative came calling with the outfit.

“I asked them, ‘Is this really gonna fly?'” Abraham said in an interview with AOL News, “and they said their lawyers said it should be OK.”

Fun World’s Executive VP, Alan Geller said the costume should be safe under the parody and satire allowance in intellectual property and trademark law. He also noted that it would probably be unwise for BP to take on a small Halloween costume company, if they take exception.

Roberta Bren, a trademark attorney at Oblon Spivak in Alexandria, Va., echoes Geller’s sentiments. “It may not be in the best interest of the trademark owner to bring attention to the product,” Bren said in a phone interview. “The media loves this sort of story.”

And because trademark cases rarely result in the awarding of monetary damages, Bren added, BP may not even want to know about the Bad Planning costume.

“They want the blinders on,” she explained, “so they don’t have to think about whether to take action.”

Fun World plans to donate a small percentage of the profit from the costume to charities in the Gulf, AOL News said.